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Courses/Tax/Tax Update *

Indirect Tax Update 2024: GST, PST, and New UHT Rules

Stay Informed on Indirect Tax Reforms and Learn Strategies to Optimize Compliance Across GST, PST, and New Housing Rules.

Created byNathan Geib
4.6
(100 reviews)
BeginnerUpdated Nov 4, 2024
Indirect Tax Update 2024: GST, PST, and New UHT Rules

What You'll Learn

check_circleIdentify and understand the latest updates in GST and PST legislation and their implications for businesses and property owners.
check_circleNavigate the changes to joint venture elections and assess how they affect real estate and energy sectors.
check_circleAnalyze the underused housing tax rules and their impact on short-term and long-term rental properties.
check_circleEvaluate the criteria for the enhanced GST rebate for new residential construction and renovations.
check_circleUnderstand the compliance challenges and strategies for medical practitioners with GST-exempt and taxable supplies.
check_circleDevelop effective responses to CRA audit requests, including managing documentation and input tax credit claims.
check_circleRecognize key enforcement trends in provincial sales tax and prepare clients for potential audits.
check_circleImplement best practices for filing and compliance to avoid penalties and optimize tax efficiency.

About This Course

Gain the insights and strategies you need to manage sales tax effectively in 2024. This comprehensive session from the CPA Small Practitioners' Forum will cover crucial updates on GST and PST, indirect tax issues, and new regulations impacting real estate, construction, and digital services.

Discover the implications of recent legislative changes, understand how to manage joint venture elections, and explore ways to handle complex scenarios like short-term rental restrictions and enhanced GST rebates for builders. Whether you deal with small business clients, real estate investments, or digital transactions, this course will equip you with the practical knowledge to navigate audits, mitigate risks, and keep your practice compliant.

Topics List:

  • Key GST Updates and Fall Economic Statements
  • Underused Housing Tax and Implications for Property Owners
  • Joint Venture Election Changes
  • PST Changes in British Columbia and Saskatchewan
  • Enhanced GST Rebate for Builders
  • Filing and Compliance Requirements for Remote Sellers
  • Medical Practitioners and GST Exemptions
  • Impact of New Rental Restrictions on Tax Compliance
  • CRA Audit Trends and Common Pitfalls
  • Strategies for Efficient Input Tax Credit Management

Your Instructors

Nathan Geib
Nathan Geib
menu_book44 courses
star6,833 reviews

The CPA Small Practitioners’ Forum was created to offer an inviting, semi-causal, and easygoing professional development weekend that provides substantial professional development value to small practitioners. All profit earned by the CPA Small Practitioners’ Forum is donated to the Alberta CPA Education Foundation, so you are helping young people in Canada get scholarships for university. All these courses are reviewed by the delegates at the Forum in Banff annually so we have a great lineup that is adjusted every year to keep things relevant to small practitioners. If you work at a public accounting firm in Canada with employees of 1-50 people, you are our target demographic and you should find this course useful.

David  Crawford
David Crawford

Achen Henderson

Located in Calgary, David focuses on the real estate and energy sectors and assists clients in managing their compliance with sales, excise, carbon and fuels taxes. David has also worked with a diverse set of clients across numerous industries from NPO’s and charities through to large multi‐ national energy companies. He has the indirect tax knowledge and experience to help solve clients’ important indirect tax problems. David works closely and proactively with his clients to manage their indirect tax advisory, planning, audit support and controversy. David is a CPA and CMA and has been a Certified Management Accountant (Alberta) since 1999 and a Chartered Professional Account (Canada) since 2015. He is also a past co‐chair of the Sales and Indirect Tax committee of Canadian Association of Petroleum Producers.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.6
Student's Choice
100 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.